Philip Morris International Inc. (PM) is pretty much on track toward a smoke-free future. The company unveiled a $600 million investment through one of its U.S. affiliates to open a leading-edge manufacturing facility in Aurora, CO. This facility, set to produce Swedish Match ZYN nicotine pouches, aims to cater to the burgeoning global demand for smoke-free products (from legal-age consumers). The construction of this facility is expected to begin later this year, with preliminary operations likely to begin ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Philip Morris (PM) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers are better than expectat ...

Philip Morris International Inc. (PM) stands strong in the tobacco space due to its efforts to revolutionize products as per the evolving consumer patterns. Given consumers’ rising health consciousness, the company is progressing well with its business transformation, with smoke-free products generating 39% of its net revenues in the first quarter of 2024.Strong pricing and a focus on strategic priorities are working well for this tobacco giant amid elevated costs and volatile currency movements.Smoke-Free ...

Which of these blue chip dividend stocks is the better buy?Dividend stocks have accounted for the vast majority of returns in the stock market since the start of the 20th century. Consequently, it is imperative to have at least a few top dividend payers in a well-rounded portfolio.Which dividend stocks are worth considering? Tobacco giant Philip Morris (PM 1.95%) and U.S. wireless titan Verizon Communications (VZ 2.31%) are two of the most popular high-yield dividend stocks in the market today. Here is a he ...

GeorgePeters Introduction Generally speaking, when a stock price history looks like this, I quickly lose interest: Data by YCharts However, when the total return (capital gains + dividends) chart looks like this, I'm interested again: Data by YCharts As the title of this article and the charts above gave away, we're talking about Philip Morris International (NYSE:PM), the spin-off from Altria (MO), which I recently discussed in this article. In this article, I refer to it as PM (its ticker) and PMI (its ...

Philip Morris (NYSE:PM) stock is a hot topic on Tuesday as a subpoena from the Attorney General of the District of Columbia has suspended online sales of Zyn.Zyn sales being suspended online is a cautionary move by Philip Morris as it investigates the matters connected to the subpoena. That includes confirmed online sales of the flavored nicotine pouches in the D.C. area.This matters as D.C. is one of the regions in the U.S. that has a ban on the sale of flavored nicotine products. SMNA, an affiliate of Phi ...

Philip Morris International Inc. (NYSE:PM) 2024 Deutsche Bank Global Consumer Conference June 4, 2024 2:30 AM ET Company Participants Emmanuel Babeau - CFO Conference Call Participants Gerry Gallagher - Deutsche Bank Gerry Gallagher Welcome to the 21st Deutsche Bank Global Consumer Conference, 21st time ex-COVID held here in Paris. And it is great to have everybody back here again. My name is Gerry Gallagher. I'm the Co-Head of European Company Research at Deutsche Bank and I sometimes masquerade as a Toba ...

bleex Philip Morris International Inc. (NYSE:PM) is the world's largest publicly traded tobacco company, engaged in the manufacture and marketing of tobacco and related nicotine products. Originally founded in 1847, Philip Morris International (hereafter referred to as PMI) is now a $155 billion (by market cap) global tobacco and nicotine behemoth that employs more than 80,000 people. FY 2023 revenue can be broken down mainly geographically: Europe, 38%; South and Southeast Asia, Commonwealth of Independent ...

Tatyana Berkovich Overview As an investor who values the income generated from my portfolio, high-yielding stocks like Philip Morris (NYSE:PM) are a must-have within my portfolio. This is because of the attractive nature of the qualified dividend distribution and the cash flow heavy business. I initially covered PM at the beginning of the year in January, and since then, the price has surpassed my price target of $96 per share. However, we can see that Philip Morris experienced the least amount of total ret ...

The exterior of an IQOS store. noel bennett As a dividend growth investor, the future of my investments is what matters to me most. This is because achieving my financial goals hinges on making my money work very hard for me. Paradoxically, I find that seeing the future requires going back into the past and working my way to the present day. That can allow me to judge the trajectory of a company's corporate culture. When a business maintains a culture of innovation and responsiveness to its customers, it al ...